BNB Surges Past Resistance Amid Azure Partnership

BNB has broken above its $621.94 resistance level and is now trading at $648.68, a 3.37% gain over the past 24 hours.

The move coincided with Microsoft Azure's decision to support BNB Agent Studio, providing developers with a cloud option for deploying agents and offering a $1,000 credit pool to cover costs.

BNB is trading above its 50-day ($616.23) and 200-day ($585.71) moving averages, which could indicate a continued upward trend if it holds above the $621.94 level.

The open interest in BNB has risen to near $1 billion, suggesting that price swings may become sharper as more derivatives contracts are opened across exchanges.